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THV MTF EA beta testing

  • #1,681
  • Aug 9, 2009 9:38pm Aug 9, 2009 9:38pm
Hi XuX
A while ago we discussed about the idea of having a MinEntryATR to filter through low volume periods. I've been backtesting M1 this weekend and these types of trades were very common. Notice the 3*ATR(20) value. In all the -ve trades this value was less than 10. May be it could work if we have a MinEntryATR filter.

Second thought I'd like to discuss with you is possibility of having to choose when to start using Martingale. Currently, it goes off of the very next trade. Is it possible we could choose a trade to start using it. eg X is current trade and its -ve, Martingale(progression 2) comes in action on very next trade X+1, and it goes -ve too. So, X,X+1 are negetive. Can we avoid using Martingale on X+1, and rather choose to use on X+N where we can define N.
Reason why I am saying it is sometimes, there is a cycle of losers that come along, and martingale with its usual progression keep increasing it.
Do you think its going to be a good idea?

Currently working on an updated version of M5 and M15..stay tuned guys!

Cheers
Kaz
Attached File(s)
File Type: zip MinEntryATR.zip   141 KB | 498 downloads
  • #1,682
  • Aug 10, 2009 11:30am Aug 10, 2009 11:30am
Quoting at the best
As requested

please feel free to watch this sittting on

http://hameed853.mt4live.com/

The old one :

http://hameed852.mt4live.com

The one with Masoud sittings will be tested among with the others and i will attache the result later on

Regards,
I just had a glance at your live stats..they seem different to mine??
Are you sure you are using the correct TZ settings according to broker TZ?

What is G/J doing on scalping 1 min charts..? Do you know how much the spread is on this pair? Its nearly equal to the first TP on this set!!
Let me iterate one more time the set I posted earlier it meant to scalp EU M1 charts only!

Please guys..lets do our homework before jumping into testing different pairs.

Kaz
  • #1,683
  • Aug 10, 2009 1:27pm Aug 10, 2009 1:27pm
I shall add these features to the next version.

Quoting kaizasoze
Hi XuX
A while ago we discussed about the idea of having a MinEntryATR to filter through low volume periods. I've been backtesting M1 this weekend and these types of trades were very common. Notice the 3*ATR(20) value. In all the -ve trades this value was less than 10. May be it could work if we have a MinEntryATR filter.

Second thought I'd like to discuss with you is possibility of having to choose when to start using Martingale. Currently, it goes off of the very next trade. Is it possible we could choose a trade to start using it. eg X is current...
  • #1,684
  • Edited Aug 11, 2009 9:39am Aug 10, 2009 1:34pm | Edited Aug 11, 2009 9:39am
Quoting xux99
I shall add these features to the next version.


Just a quick question about MinEntryATR value..is it possible to define it in exact pips rather than in a multiplier only? eg 3*ATR(20) >= 12.
I am having a different instances of THV ATR indicator on charts with the different multiplier values to find out the proper one. I am still struggling..
Either its too low or too high..low results in no trade and high in -ve.

Please have a look at the charts attached..I really don't know how to come out of this dilemma?

Cheers
Kaz
Attached Image(s) (click to enlarge)
Click to Enlarge Name: M1EURUSD61543431Open.gif Size: 45 KB
Click to Enlarge Name: M1EURUSD61543431Close.gif Size: 47 KB
Click to Enlarge Name: M1EURUSD61556241Open.gif Size: 49 KB
Click to Enlarge Name: M1EURUSD61556241Close.gif Size: 50 KB
  • #1,685
  • Aug 12, 2009 6:22pm Aug 12, 2009 6:22pm
Hi Xux - here is another question/proposal for a new version of the THV ea - could add 2 further lines in the set panel for "ePeriod4" nad "ePeriod5" to give more possibilities for MTF matching of the trix ? Or even the same for more of the ichimoko cloud ?
  • #1,686
  • Edited 8:10am Aug 13, 2009 7:47am | Edited 8:10am
Hi Guys
I am having trouble adjusting the FFcal indis time to brokers time. Works fine on odl but lags behind on others.Just testing on alpari and its an hour late. Any idea what I am doing wrong?

Kaz

Got it..simple adjustment to PC clock.
  • #1,687
  • Aug 13, 2009 11:23am Aug 13, 2009 11:23am
Quoting kaizasoze
Hi Guys
Please find the M1 set for testing purposes next week. Please keep in mind:[list=1][*]Pair: EU only.[*]Session: London Only. (set is using an hour before open and an hour after close, you can keep it that way or use strict opening and closing hours).[*]This is very important: If you are trying to use it on more than one broker please change the pivot timezone(TZ) settings accordingly both in EA and on template you'll post the screen-shots from. As EA calculates pivot based on broker TZ this could affect trades both in quality...
Hello Kaz and everyone else, and I hope you all are having a nice summer/winter.
Kaz thanks for your 1min set file.I tried using it with 4 brokers, and I am getting the same error on all four brokers.I checked the postings and see I am the only one that has this error?
10:33:00 THV EA v0.8 EURUSD,H1: object name passed to ObjectSetText function cannot be an uninitialized or empty string?
  • #1,688
  • Aug 13, 2009 11:41am Aug 13, 2009 11:41am
I have been looking at some other threads and found maybe what might be another filtering for lower tf's.What are used are two moving averages using simple at 5 period one set for low and one set for high.When the bars are sitting on the high end you have a uptrend and place a buy.For the short trend they are sitting on the low end.When they are inside the channel you have a sideways move. You exit the trade when the bar goes back into the channel.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 15 KB

The yellow lines and arrows didn't come through too well.
  • #1,689
  • Aug 13, 2009 12:54pm Aug 13, 2009 12:54pm
These additional options can be added but will they increase the profitability of the EA?

Quoting Mandl2007
Hi Xux - here is another question/proposal for a new version of the THV ea - could add 2 further lines in the set panel for "ePeriod4" nad "ePeriod5" to give more possibilities for MTF matching of the trix ? Or even the same for more of the ichimoko cloud ?
  • #1,690
  • Aug 13, 2009 1:58pm Aug 13, 2009 1:58pm
may be it would be more profitable having "ePeriod5" and "ePeriod6" ... for instance: I think/remember about the "6 lights" rules of MissPips plan (manuall THV trading) for the 1M tf. So we could get more safety using signals from more than 4 higher/lower tf.
  • #1,691
  • Aug 13, 2009 9:37pm Aug 13, 2009 9:37pm
Quoting letizia
I have been looking at some other threads and found maybe what might be another filtering for lower tf's.What are used are two moving averages using simple at 5 period one set for low and one set for high.When the bars are sitting on the high end you have a uptrend and place a buy.For the short trend they are sitting on the low end.When they are inside the channel you have a sideways move. You exit the trade when the bar goes back into the channel.
Attachment
The yellow lines and arrows didn't come through too well.
Hi Letizia
I never experience the error you mentioned, not so sure about it. Look around may be you'll find an answer or you can make your own set tweaking the one I posted.
Also, the MA crossover you mentioned will kill you in sideways markets. They do work when its trending but 99% of MA based entries and exits kill the account. I am not very experienced trader but I know this for fact. THV has more than enough options for you to make it profitable. When there is no liquidity better to stay put.
Kaz
  • #1,692
  • Aug 13, 2009 9:54pm Aug 13, 2009 9:54pm
Quoting Mandl2007
may be it would be more profitable having "ePeriod5" and "ePeriod6" ... for instance: I think/remember about the "6 lights" rules of MissPips plan (manuall THV trading) for the 1M tf. So we could get more safety using signals from more than 4 higher/lower tf.
If you notice the 6 lights rule..and look closely..the longer TF are always in the desired direction of trade. Say for eg you want to confirm 2 more lights in addition to what you already have..where would you look, lower TF are already there on your chart, u can only look to higher TF and they are in longer term direction that is one way..so you can either be long or short depending on their direction. May be you can give us some examples on how you can make it profitable adding more features. I'll be very interested in that.
Me personally, I just need to get rid of low volume periods..similar to the charts I posted a bit earlier..these are biggest suckers for me. I am confident that once XuX comes out with low volume filter in next version, I'll wipe out 90% of these losing trades.
Waiting for the next version anxiously.
Kaz
  • #1,693
  • Aug 13, 2009 10:10pm Aug 13, 2009 10:10pm
Quoting kaizasoze
Hi Letizia
I never experience the error you mentioned, not so sure about it. Look around may be you'll find an answer or you can make your own set tweaking the one I posted.
Also, the MA crossover you mentioned will kill you in sideways markets. They do work when its trending but 99% of MA based entries and exits kill the account. I am not very experienced trader but I know this for fact. THV has more than enough options for you to make it profitable. When there is no liquidity better to stay put.
Kaz
Hello Kaz and that was what I was saying when the pa is between the channel you stay out of the trade.At any rate, you are right there are a lot of options already.
As far as the error code, I did look it up on the mql forum, but not knowing mql,it made no sense.
On another note,I did try to change my user name but was told not enough posts to merit it.I had a good reason for using this one when I first signed up.
Thanks again for answering the post and have a great weekend!
Vince
  • #1,694
  • Aug 13, 2009 10:38pm Aug 13, 2009 10:38pm
Quoting letizia
Hello Kaz and that was what I was saying when the pa is between the channel you stay out of the trade.At any rate, you are right there are a lot of options already.
As far as the error code, I did look it up on the mql forum, but not knowing mql,it made no sense.
On another note,I did try to change my user name but was told not enough posts to merit it.I had a good reason for using this one when I first signed up.
Thanks again for answering the post and have a great weekend!
Vince
Hi Vince
Try this M1 set..its in txt format so first save it as .set format and then use it. Hope this should solve your problem. Regarding MA's as we discussed, I think iMax is based on some MA's..so additional ones may not be required.
Hope you find success with this set. Its for EU only M1 charts.
Cheers
Kaz
Attached File(s)
File Type: txt new_M1.txt   4 KB | 392 downloads
  • #1,695
  • Aug 13, 2009 11:01pm Aug 13, 2009 11:01pm
Quoting kaizasoze
Hi Vince
Try this M1 set..its in txt format so first save it as .set format and then use it. Hope this should solve your problem. Regarding MA's as we discussed, I think iMax is based on some MA's..so additional ones may not be required.
Hope you find success with this set. Its for EU only M1 charts.
Cheers
Kaz
Hello Kaz and this one took with no problem will see how it does.One thing I found in doing beta testing in the past, it helped if all did the testing on the same broker as the person who was doing the coding.I have 4 brokers I demo with and they all seem to have different results.
Thanks for the new set will give it a foward test.
Have a nice day!
Vince
  • #1,696
  • Aug 13, 2009 11:12pm Aug 13, 2009 11:12pm
Quoting letizia
Hello Kaz and that was what I was saying when the pa is between the channel you stay out of the trade.At any rate, you are right there are a lot of options already.
As far as the error code, I did look it up on the mql forum, but not knowing mql,it made no sense.
On another note,I did try to change my user name but was told not enough posts to merit it.I had a good reason for using this one when I first signed up.
Thanks again for answering the post and have a great weekend!
Vince
Hi Vince
Try this M1 set..its in txt format so first save it as .set format and then use it. Hope this should solve your problem. Regarding MA's as we discussed, I think iMax is based on some MA's..so additional ones may not be required.
Hope you find success with this set. Its for EU only M1 charts.
Cheers
Kaz
Attached File(s)
File Type: txt new_M1.txt   4 KB | 525 downloads
  • #1,697
  • Aug 14, 2009 12:40am Aug 14, 2009 12:40am
Hi XuX99 - I cannot seem to make the stop loss and profit targets stick. I made sure that classic SL said true. I am just starting with something very simple as I get used to the EA. 2 contracts - stop loss 20 pips, breakeven 20 and 1 contract profit target at 20 with the last one exiting at trix change of colour. The profit target and stop loss seem to end with ATR settings. Can you give me any suggestions as to how to get the settings I would like. Thanks
  • #1,698
  • Aug 14, 2009 8:40am Aug 14, 2009 8:40am
Set ClassicSL=true, StopLossPips=20, TakeProfitPips1=20, BreakEvenPips=20, FastTrixDirection=201, IndicatorsExitPriority=2, PartialClose1=50, PartialClose2=50.
  • #1,699
  • Aug 15, 2009 9:44am Aug 15, 2009 9:44am
After lurking in the FF Forums for the better part of a year, I felt compelled to register for no other reason than to thank the entire THV Team for the selfless, outstanding work being done on the THV EA and Cobra's original THV Manual System from which it sprung. Big thumbs up to everyone involved!
  • #1,700
  • Aug 16, 2009 7:12am Aug 16, 2009 7:12am
Hi XuX
Couple of question I am struggling to answer myself..

 

  1. How can we avoid taking trades around round numbers? 00, 50. I've gota lot of bounces that hit TP around those numbers. Is it MinLevelDistance that we need to spcify to EA or something else?
  2. I noticed something about Harmonic Patterns that I'd like to discuss.As I understand the Gartley indicator paints a projection box, where price could go.Its also acts as warning sign that price is around its extreme around the box. At times EA picks up trades in box,where it should not. Any idea how we can avoid it? I mean telling EA not to pick trades inside box or around projection area?

Thanks
Kaz

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